ARREAR RECEIPT

223 views
User Avatar

INCOME TAX PRACTITIONER
1023 Points Posted on 23 July 2020

Sir,

For the financial year 2019-20 a senior citizen person received amount of Rs.750000/- upto January 2020.including arrear amount.

only february amount is pending. 40000/-

Now as per his calculation his tax approx.62000/-

If the drawing officer deduct the 40000/- balance 12000/- how to pay?

can he pay directly from his pan number?

 

 

 

0 Reply Share Follow
On 23 July 2020 at 13:14 Report
Replies (1)
User Avatar

54 Points Posted on 23 July 2020
In case of income received in arrears then the treatment of calculate taxable income income will be as per rule 89 if you need any type of help then contact me 8851268088
Reply
On 23 July 2020 at 22:27

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. GST Input Tax Credit (ITC) on Camera Purchase &amp
  2. What makes CA Himanshu Singla different from other
  3. TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
  4. Gifting money to my father-in-law (my husband's da
  5. GSTR-1 JSON from marketplace exports (Myntra / Ama
  6. Question on buy back of shares
  7. Saving corporate tax completely on profit from rea
  8. Hi experts need some helps
  9. A query regarding GST and Place of Supply:
  10. ADT-3 not filed by previous Auditor

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

K R Kiran Kumar & Associates

Bengaluru

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details
Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details